03 March 2025
- One important economic indicator that monitors shifts in the price of goods and services over time is the Consumer Price Index (CPI). Because so many people in many African countries live on low incomes, they are disproportionately impacted by…
03 March 2025
- The NSE was the top performer in Africa in 2024 as per the MSCI index with a gain of 65.3 percent, which was nearly double the next best return by Côte d'Ivoire at 34.9 percent.
03 March 2025
- The United States currently holds the position as Africa's largest aid donor, but China is emerging as a strong contender that may likely take over this role.
03 March 2025
- The Dangote Petroleum Refinery has announced plans to refund customers who purchased Premium Motor Spirit (petrol) at prices higher than the advertised rates.
03 March 2025
- NAIROBI, Kenya, Mar 3 – Controller of Budget (COB) Margaret Nyakango has urged the National Treasury to lower the country’s debt-to-GDP ratio to 55 percent by 2029. The recommendation comes as part of efforts to address ongoing concerns regarding the…
03 March 2025
- SHENZHEN – Chinese automaker BYD and drone giant DJI have launched an intelligent vehicle-mounted drone system, aiming to transform cars into mobile entertainment and exploration platforms. The system, called “Lingyuan”, integrates a drone with the…
03 March 2025
- Despite the drought in the southern African region, the United Nations’ World Food Programme (WFP) has decided to shut down its Southern African bureau.
03 March 2025
- MAR 3 – US President Donald Trump has revealed the names of five cryptocurrencies that he says he’d like to be included in a new strategic reserve to make the US “the Crypto Capital of the World”. The market prices of the five coins he named – Bitcoin…
03 March 2025
- NAIROBI, Kenya, Mar 3 – Amsons Group, a Tanzanian conglomerate that operates in energy and manufacturing, has begun integrating Bamburi Cement operations into its fold after acquiring over 95 percent equity shares. The integration process through its…
03 March 2025
- NAIROBI, Kenya, Mar 3 – Economist Ashish Chadda has expressed concerns that the Kenya shilling is currently stronger than its intrinsic and fundamental value, inhibiting both business growth and foreign direct investment (FDI) inflows. According to…
03 March 2025
- MAR 3 – The world is a very insecure place right now – conflict, climate change, and fears of recession dominate the headlines. But for some people, things are going rather well – the wealthy. Despite the global turmoil, the number of billionaires in…
03 March 2025
- NAIROBI, Kenya, Mar 3 – Kenya Power and the Nairobi City County Government have completed a meter verification exercise aimed at improving the management of energy supply and billing. The exercise, which began on January 24, 2023, aimed to identify…
03 March 2025
- Despite mounting international pressure, the DR Congo remains resolute in its refusal to engage in direct talks with the M23 rebel group, which has made significant territorial gains in eastern DRC in recent months.
03 March 2025
- Ghana’s new central bank governor has suspended the country's program of using gold to pay for oil and expressed confidence that the cedi will stabilize following last year’s volatility.
03 March 2025
- Africa, renowned for its rich cultural heritage, breathtaking landscapes, and diverse wildlife, continues to captivate millions of tourists worldwide.
03 March 2025
- Eli Lilly is stockpiling massive quantities of an oral weight-loss drug that’s at least a year from launch, with total “pre-launch inventory” of nearly $550 million at Dec. 31, 2024, according to its 10-K financial statements released last week. The…
03 March 2025
- Topline Ukrainian President Volodymyr Zelenskyy said he is ready to sign a stalled minerals deal with the United States in a thread on X on Saturday, in which he also urged the United States to stand strongly behind Ukraine amid its war with Russia,…
03 March 2025
- MAR 3 – Mixue Ice Cream and Tea may be unfamiliar to many of us but the Chinese firm has more outlets than McDonald’s and Starbucks. On Monday, the bubble tea chain’s shares jumped by 40% as they started trading on the Hong Kong Stock Exchange. The…
03 March 2025
- NAIROBI, Kenya, Mar 3 – The National Treasury has addressed concerns regarding the government’s withdrawal of Sh1.3 trillion from the exchequer within a seven-month period. In a statement issued Sunday, Treasury Principal Secretary Chris Kiptoo…
03 March 2025
- The Economic Community of West African States (ECOWAS) recently detailed its discourse with one of its member states, Guinea-Bissau, via a press-release.
03 March 2025
- Access to vaccines remains a significant challenge across Africa, but technology is emerging as a key to breaking decades of relying on other nations for vaccine development- and to thereby stop the spread of disease much, much faster. In 2021, Africa…
03 March 2025
- KRA has placed an order for 350 body cameras—along with 20 external cameras, a server, 60 data collection devices, and a live-streaming system—for its staff at Times Tower in Nairobi to combat tax cheating and staff bribery.
